Company Information

Get to know Paymart India

Founded in 2015, Paymart India Private Limited is a leading B2B fintech platform headquartered in Chandigarh, India. The company is authorized by the Reserve Bank of India (RBI) as a Prepaid Payment Instrument (PPI) issuer. Its mission is to create a robust and accessible digital payment ecosystem by offering a comprehensive range of API-driven services. These services include UPI payments, Aadhaar Enabled Payment System (AEPS), bill payments (BBPS), and Micro-ATM solutions, empowering other businesses, fintechs, and banks to integrate seamless payment functionalities into their own applications.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service
Financial Payment

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Paymart India

India

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

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Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.